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's only possible on the -- look at the host of just raised the issue on tax bases. it's not a minor problem. if we have asked for a report and the outcome was -- companies which are -- on a global level, a tax burden which is high compared to companies not on a global level because the possibilities, the options to avoid taxation, are in this interconnected world, and at the end you need someone who pays for the budget. otherwise you will create major problems in europe. exist to discuss better market economy, is more successful combined with political freedom and democracy and rule of law, over the economy combined with the political system which is so complicated. i am convinced, more sustainable the basis of freedom, the rule of law, democracy, and might be a bit more complicated. more sustainable. perhaps we have to do this again and again. >> let me ask you quit a different question and that is, u.s. and the european union have announced they're going to negotiate a transatlantic investment and trade pact, partnership, and several have suggested that the united states and europ
sam but the ways in which they do this are very different. if you just apply a flat tax on u.s. imports that's one way to push our trade back into balance that doesn't involve risks of crony capitalism, that doesn't involve risks to the government micromanaging the economy. if you say okay which is going to have a flat tariff of 10% or 20% or 30% whatever it takes to get to a zero trade deficit that doesn't introduce a lot of corruption or a lot of dangers bad policymaking because it's a very simple policy. it's just determined by an arithmetical formula and there's no opportunity for anybody to play games. one of the good things about it if you have a flat tariff, is if you had a 30% tariff on imported goods that's not enough to relocate the production of t-shirts that united states because cost is too great. it's great to relocate things like silicon wafer fabrication so would tend to relocate back to the u.s. high value capital-intensive skill intensive industries which is of course what we want to do. those are the industries that are high-quality -- high-quality into she
at $400 a share. it's got more than $100 net cash even after paying taxes, so you're paying $3,000, any earnings down 25% from what's expected. he put a ten p-e on that and this is a very cheap stock unless you believe that earnings will decline every year from here on out. that's ahead of the case and we're not buying ahead of it because we like the position that we have, you know, but we think it's an exceptionally cheap stock at this level. >> it will be one of the most-watched numbers of the quarter. thanks so much. >> thank you. >> switching gears, they were grossly negligent in the lead up to the brokerage firm's collapse. kayla tausche has more on this story which she's been following from its earlier days. >> it seems like it's been forever, david. we're getting a 61-page lawsuit from the bankruptcy court in manhattan. it takes aim at john corzine and the coo and cfo breaching fiduciary duty as it entered a downward spiral in 2011. it seeks an unspecified amount in damages. trustees won approval for a liquidation plan. in a statement, trustee louis freeh says attempts at med med
on the internet tax bill and debate and a roll call vote on a judicial nomination. >> the museum is meant to help a visitor relive the first eight years of the 21st century. the museum explains the decision making process that i went through as president, and we hope the museum inspires people to serve. want to serve tear community or their country in some way. we really didn't want to be a school. we wanted to be a do tank. and so i don't know if there's a lesson there. i do know that laura and i decided to go in a different direction with the, you know, apart from the museum with the component of programs, from which programs would emerge. >> watch the dedication ceremony of the george w. bush presidential library and museum from southern methodist university in dallas live thursday morning at 11 a.m. eastern on c-span3, c-span radio and c-span.org. and tune in earlier for a conversation with the former first couple. >> german finance minister wolfgang schauble says he expects the european economy to begin imin 201 atth a the u.s. d developing nations. he at the council on foreign relations whe
put your finger on what we are trying to stay thougertain tax -- certairorize us some kid gets sin street and that terrorizes me because i live here. but that definition in webster has a connection to all legal definitions in that it is a political act. and generally, a political act against noncombatants. one military unit shoots another military unit. that is regular warfare. but when you intentionally attacked civilians for a political purpose, i think everybody agrees that was terrorism we have several elements here in boston. what we do not yet know is whether there was a political purpose. we are assuming there was, but we do not know they're wet -- that for a fact yet. host: someone on twitter reminds us that it was a pressure cooker believed to contain the bomb. likean see what this looks in the new york daily news. what is significant about this to you as we talk about such an easily homemade, crude instrument. guest: ball bearings, nails, pressure kircher ramallah -- pressure cooker, items you can go by this afternoon. look at what timothy mcveigh used, diesel fuel and fe
. and, most importantly, president obama wants more taxes. >> correct. when was the last time an american president ever deliberately inflicted pain on the population in order to score a political point? >>brian: there was a delay in new york for two to three hours as well as chicago and atlanta. this is incredible. how long can that continue? >> it's going to go on in the future apparently. >>steve: could go through the summer. >> they are going to cut $637 million out of the f.a.a.'s budget. that will affect some of the 15,000 air traffic controllers. and they're expecting delays on 6,700 flights a day. >>steve: the extraordinary thing is of the f.a.a.'s budget, 70% is the payroll for the guys in the tower and what not. 70%. why don't they make the cuts to the 30% that doesn't involve -- >> why is it you've got more air traffic controllers today than you did a year ago, you're spending more on the f.a.a. today than a year ago and you can't cut out of there when incurring delays on the suffering public? >>brian: this segment is so much better than yesterday's; am i right, guy
where you get this increase in volatility after tax time. and you see all the companies revising their earning forecast to temporary expectations. and so typically in the next month or two we'll have some external macro surprise that will get everyone concerned again. it's been a very consistent pattern that we do well in the fall and the early spring and then cool off and get more volatile. >> rick santelli, markets all waiting for these earnings reports this week. in the meantime among your markets, gold has bounced big today. the dollar is still flirting with 100 yen. what are you watching? what are the benchmarks you're keeping an eye on this week? >> well, you know what, i think the biggest benchmark that i'm going to pay attention to is the dax stock index in germany. it's down about 1.75% on the year. last week not only were eurozone car sales, registrations off, but germany was off in particular. i think keep it simple. i think as those auto numbers deteriorate, it's just going to exaggerate all the other weaker economies. and when you get the imf admitting that austerity
Search Results 0 to 6 of about 7